AN 93(3)

Extension For Victims Of World Trade Center Explosion

INTRODUCTION: The Department of Revenue Services recognizes that many taxpayers and return preparers may be unable to meet certain Connecticut filing deadlines as a result of the February 26, 1993 explosion at the World Trade Center in New York City. Consequently, the Department is providing an automatic one-month extension to taxpayers who cannot meet tax filing and payment deadlines because of the disaster.

CORPORATION BUSINESS TAX OR UNRELATED BUSINESS INCOME TAX: Taxpayers whose original or extended due date for filing a return falls on March 1, 1993 may file and pay any tax due on April 1, 1993, and such late filing and payment will be considered due to reasonable cause so that late filing or late payment penalties will not be imposed.

Taxpayers who cannot meet the extended filing due date may apply for an additional extension of time by filing the appropriate extension form on or before April 1, 1993, together with payment of the appropriate amount of tax estimated to be due.

However, interest at the rate of 1 2/3 % per month must be paid on all tax paid after March 1, 1993.

SALES AND USE TAXES: Taxpayers whose sales and use tax returns are due on March 31, 1993 may file and pay any tax due on April 30, 1993, and such late filing and payment will be considered due to reasonable cause so that late filing or late payment penalties will not be imposed.

However, interest at the rate of 1 2/3 % per month must be paid on all taxes after March 31, 1993.

MOTOR VEHICLES FUEL TAXES: Taxpayers whose type 50, 51 or 52 tax returns are due on March 25, 1993 and are unable to meet the filing date may file and pay any tax due by April 25, 1993, and such late filing and payment will be considered due to reasonable cause so that late filing or late payment penalties will not be imposed.

However, interest at rate of 1 1/4 % per month must be paid on all taxes paid after March 25, 1993.

WITHHOLDING TAXES: Employers whose withholding taxes are due between February 26, 1993 and March 31, 1993 may pay such taxes within one month, and such late filing and late payment will be considered due to reasonable cause so that the late filing and late payment penalties will not be imposed.

However, interest at the rate of 1 1/4 % per month must be paid on all taxes paid after the original due date. Any payment required to be made with the 1993 first quarterly return (CT-941) remains due on April 30, 1993.

MARKING OF RETURNS: Returns, extensions, declarations of estimated tax or estimated tax coupons filed late under this announcement should be marked World Trade Center on the top center of the first page. Taxpayers whose addresses are not within the World Trade Center must include an explanation of how the disaster adversely affected their ability to meet their filing and payment obligations.

ELECTRONIC FUNDS TRANSFERS: EFT filers who avail themselves of these provisions should call the EFT Unit at 203-297-4973.

ALL OTHER TAXES: Abatements of penalties on all late filing of returns or late payments not covered by this announcement will be handled on a case-by-case basis.

PLEASE NOTE THE FOLLOWING NEW INFORMATION ABOUT DRS.

FOR FURTHER INFORMATION: To order forms and publications or for further information, call the Department of Revenue Services at 860-297-5962 (Hartford area or out-of-state) or 1-800-382-9463 (in-state). Forms and publications may be ordered through voice-mail 24-hours a day by choosing Option 3 on your touch tone telephone.

Electronic Delivery Options: You can also obtain tax forms and publications 24-hours a day from our Web home page at http://www.ct.gov/drs.

Telecommunications Device for the Deaf (TDD/TT) users only call 860-297-4911 during business hours.